|
|
 |
|
Viewing report
|
|
|
|
Banco Mercantil Santa Cruz S.A. May 11
Standard & Poors, May 2011
Abstract
Leading market position and strong brand name recognition Experienced and stable management Good liquidity Low-cost and relatively stable funding profile High risks inherent to operating in Bolivia's financial system, largely because of the country's high sovereign risk Competitive pressures inherent to the Bolivian financial system Weak capitalization Standard & Poor's Ratings Services' ratings on Banco Mercantil Santa Cruz S.A. (BMSC) are constrained by the uncertainty intrinsic to Bolivia's financial system, high competitive pressures from other large banks, and BMSC's weak capitalization. Nonetheless, the bank enjoys a strong market position as the largest financial institution in the country, with good liquidity and adequate profitability that its low-cost funding base partly enables. BMSC continues to be the largest Bolivian bank in loans...
Companies mentioned in this report are: Banco Mercantil Santa Cruz S.A.
Action: Review
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Full Analysis
|
|
|
|
